The worldwide malt ingredients market is projected to exhibit a healthy CAGR during the forecast period. Malt ingredients find their utmost use in food industries in the form of food additives, which impart required color and flavor to stabilize the consistency of food and beverage products. These malt ingredients are mostly used to produce beer. They are rich in vitamins B12, B6, B3, and B2; zinc; iron; calcium; phosphorus; magnesium; and some amino acids.
Increasing health consciousness, growing demand of craft beer, and high use of malt constituents in food and beverages industries will drive malt ingredients market in the forecast period. In addition, rising popularity of non-alcoholic brews giving rise to high demand for malt ingredients and development in the microbrewery industry are likely to drive the demand for market in the future. However, seasonal deviations are likely to hamper the market growth in the years to come.
Boor Malt is the world’s foremost malting industry. They announced the expansion of their malting capacity in Athy, Co. Kildare in November 2017, by 30,000t to continue delivering its Irish distilling and brewing customers with a 100% Irish source chain.
Malteurop Group, a leading supplier to the brewing industry, started with expansion of their capacity of malt at Geelong (Australia) in Nov 2016 with an aim to cater to the growing demand for malt ingredient products from breweries in Australia.
Pure Malt is a global leader in the production of specialty malt extracts, announced their expansion after securing 4.5 million EURO from HSBC, in October 2015. The firm, since then, started roasting 6,000 tons of malt on site per year, offering a key constituent in 1,400 branded product lines.
Europe is one of the prominent regions and will continue to account for a large share in the OBD telematics throughout the forecast period, owing to increasing preferences for customers towards ready to eat food and packaged food, and increase in the sales of malt ingredients market. Leading players operating in the malt ingredients market include Axe real, Cargill Incorporated, Crisp Malting Group, Simpsons Malt Ltd, Global Malt GmbH & Co. Kg, Ireks GmbH, Malteurop Group, and Muntons PLC.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Malt Ingredients in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Malt Ingredients market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Malteurop Group
• Soufflet Group
• Bairds Malt
• Briess Malt & Ingredients
• Cofco Malt
• Country Malt
• Crisp Malting
• Dalian Xingze
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Barley malt
• Wheat malt
• Rye malt
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Malt Ingredients for each application, including
• Alcoholic beverage
• Non-alcoholic beverage
• Pharmaceutical and animal feed
Research Support Specialist, USA